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Ford completes $14 million overhaul at its German design studio

Ford has opened a $14.5 million expansion of its design studios at Merkenich-Cologne in Germany. Global design work for Ford's subcompact and compact vehicles, including the Fiesta and the Focus, is done at the center, which is close to the automaker's Cologne factory where the Fiesta is built. The expansion is the largest since the studios were constructed in 1968 and increases the size by about 32,300 square feet to about 172,000 square feet.

Los Angeles Motor Show: Porsche reveals new Panamera flagship

THE SCINTILLATING Panamera Turbo S has been launched at twin events at the Tokyo and Los Angeles motor shows. The new flagship at the top of the firm’s grand tourer line-up packs a 562bhp punch from a twin-turbocharged V8 engine mounted at the front, with drive transmitted to all four wheels via a sophisticated drive system that can shift torque to whichever wheels can best use it. Displaying true supercar pace, the Turbo S can catapult to 62mph in just 3.8 seconds on the way to a top speed of 192mph.

GM bets on new four-cylinder family in Europe; U.S. plans unclear

General Motors' European subsidiary, Opel, has revealed a turbocharged 1.6-liter four-cylinder direct-injection gasoline engine that will be offered from early 2013 across its lineup, starting with the soon-to-be-revealed Astra-based Cascada convertible. The aluminum block unit, the first in a new range of so-called SIDI (spark ignition direct injection) ECOTEC engines, forms the centerpiece of the company's downsizing strategy for displacement. The engine is claimed to have improved torque characteristics and a significant reduction in consumption compared with its predecessor.